5 ways to really ruin an economy

After Brexit: 5 ways to really ruin an economy–Any resemblance to the Malaysian situation is purely coincidental https://intheblack.com/articles/2016/08/08/5-ways-to-really-ruin-an-economy?utm_source=Taboola&utm_medium=cpc&utm_content=3&utm_campaign=KCtrial By Jason Murphy The UK’s exit from the European Union may slow European growth over the next two years – but to truly and deeply wound an economy requires more dramatic strategies. No-one yet knows what will be the full economic impact of Brexit, the surprise British vote to leave the European Union. The British pound quickly fell by approximately 10 per cent, and share and bond prices dropped too. It’s less clear what will happen to the “real economy” – production, consumption and jobs. Whatever happens to the UK, though, should be kept in perspective. Even if the UK economy contracts by a percentage point or two, it w...